News

Pension reform threat to funds; Lord Freud British pensions no longer gold standard; Pensions: we have to work longer and save more

A government committee has trashed the use of corporate bond yields to calculate public sector pension liabilities due to the "continuing instability" of annual discount rates.

Some third sector organisations remain unprepared for auto-enrolment, with one in seven totally unaware of their responsibilities towards staff, a poll shows.

Solvency II will force all remaining defined benefit schemes to close and could lead to significant job losses as UK companies fold, lobby groups warn.

Professional Pensions is to hold an online debate to discuss Local Government Pension Scheme administration on 29 February at 11am.

Professional Pensions is set to begin its first ever fiduciary manager and implemented consulting survey at the end of this month.

Cash payments made to Scottish and Newcastle employees to placate them over the loss of their defined benefit pension are taxable, the Court of Appeal finds.

Prime Minister David Cameron has warned of a pensions "apartheid" between the public and private sector if reforms are not pushed through for public sector workers.

Large employers bracing themselves for auto-enrolment implementation have been given an updated set of guidelines by The Pensions Regulator.

The Bank of England's move to increase quantitative easing by £50bn will prolong low gilt yields for a further 12 months, adding further strains on pension funding positions, experts say.